Albany, IN vs Andrews, IN

Albany, IN and Andrews, IN have a very similar cost of living, with only a 0.6% difference in their overall index. Albany scores 60 while Andrews scores 60 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Albany is $669/month compared to $681/month in Andrews — a 2% difference. Interestingly, home values tell a different story: while Albany has cheaper rent, Andrews actually has lower median home values ($84,600 vs $103,600).

Median household income in Albany is $56,356 compared to $47,000 in Andrews (+19.9%). Albany offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Albany spend roughly 14.2% of their income on rent, less than the 17.4% in Andrews.